Beijing has installed 3,000 ATMs that support the digital yuan | Fiat is a Bubble

Beijing has installed 3,000 ATMs that support the digital yuan, continuing the development of China's CBDC, following several giveaways worth more than $40 million among residents in several cities for tests.

Although CBDCs are not cryptocurrencies in the usual sense, and only use blockchain technology to create a state-controlled digital currency, China is clearly ahead of all countries in their development and implementation.